Source: Richard Craver, WINSTON-SALEM JOURNAL, 6/25/19


Traditional cigarette sales remain on a steady decline, though how deep of a descent appears up for debate. According to the latest four-week data from Nielsen that ended June 15, cigarette industry volume fell 10.7%. Wells Fargo Securities analyst Bonnie Herzog said Tuesday that the decline “suggests more pressure on industry cigarette volumes than what manufacturers and our retailer and wholesale contacts are seeing.”

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